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Market News

Location American Market News for 2 December 2024

Oil Rises; Focus on OPEC+ Meeting

Wall Street Journal - 2 Dec 2024 03:43
Oil rose in early Asian trade with traders focus on the coming OPEC+ production policy meeting on Thursday
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Hong Kong Shares Rise 0.3% Amid Mixed China PMI Data

Wall Street Journal - 2 Dec 2024 03:54
Hong Kong's benchmark Hang Seng Index edged 0.3% higher to 19485.13 after earlier swinging between mild losses and gains following mixed China PMI data released over the weekend.
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Hedge Fund Paloma Partners Offers IOUs to Fleeing Investors

Wall Street Journal - 2 Dec 2024 23:59
The firm is seeing an exodus of investors after years of lackluster returns and executive turnover.
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Beijing is taking steps to ease the segregation of urban and rural populations.
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This Old House? Home Buyers' Best Deals Are on Builders' Lots

Wall Street Journal - 2 Dec 2024 12:30
The premium that buyers have usually had to pay for a brand-new house is disappearing.
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Bitcoin Euphoria Threatens to Break These ETFs

Wall Street Journal - 2 Dec 2024 12:30
Investors are piling into funds that seek to amplify the daily return of MicroStrategy shares, but the ETFs haven't been working as intended in recent days.
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Europe's Gas Prices Rise on Storage Fears

Wall Street Journal - 2 Dec 2024 11:51
European natural-gas prices surged to their highest level this year, topping 49 euros a megawatt hour as faster storage draws drove supply concerns.
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Can you withdraw the pension share from your EPF?

livemint.com - 2 Dec 2024 11:39
Can you withdraw the pension share from your EPF? The EPS allows employees to receive a pension after 10 years of service, with the amount calculated based on average salary and years served. Here's all about early withdrawal of pension contributions and the conditions ...
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Credit Score: How is it calculated and what factors influence it? Credit Score: Credit scores assess loan eligibility, calculated from payment history and credit usage. Scores range from 300 to 900, with higher scores indicating lower risk. To improve scores, make timely payments, avoi...
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Credit Card Dues: 5 key benefits of paying on time for better financial health Credit cards: Making on-time credit card payments is crucial for financial security. It helps avoid high-interest charges, late penalties, and improves credit scores, ultimately providing better financial opportunities a...
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Want better credit score? Here are 7 key tips to help you get there Credit score: Raising your credit score involves patience and strategic financial management. Adhering to seven practical tips can help you build a strong credit profile, enabling access to favourable loans and achieving...
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Bank FD vs Corporate FD: Which investment option offers better returns? Fixed deposits are popular for their guaranteed returns and low risk. Bank FDs are safer and insured, while corporate FDs offer higher returns but with more risk. Careful evaluation is essential for investors to align th...
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Year-end financial checklist: 8 essential steps to take before December 31 Year-end is a crucial time to assess your finances. Use this period to rebalance investments, plan taxes, manage debts, and take advantage of bonuses. Ensure your insurance is updated, and maintain an emergency fund for ...
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How to avoid credit card debt? Here are 6 key tips

livemint.com - 2 Dec 2024 08:38
How to avoid credit card debt? Here are 6 key tips Credit cards: To prevent credit card debt, maintain self-discipline and create a budget. Save for emergencies, pay more than the minimum due, and adopt good spending habits. Responsible credit card use can provide reward...
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Personal loan: Before zeroing in on a lender, make note of 7 key points Personal loan: At the outset, you should determine how much you need to borrow. Then identify if the loan will be used for some specific need (such as for a wedding or loan consolidation).
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Credit Cards: What are add-on cards and their advantages? Credit cards: An add-on credit card is a supplementary credit card issued under the primary cardholder's account.
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Planning to borrow? A beginner's guide for personal loans 2025 Personal loans: If you are short of funds and are planning to raise personal loan, then here is a quick lowdown on this unsecured form of raising money
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The Singapore dollar weakened against its U.S. counterpart in the Asian trading session.
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JGBs Fall, Dragged by Rising BOJ Rate-Hike Expectations

Wall Street Journal - 2 Dec 2024 04:55
JGBs fell in the morning Tokyo session, dragged by rising BOJ rate-hike expectations.
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Gold Edges Lower; Upside Appears Capped

Wall Street Journal - 2 Dec 2024 02:20
Gold edged lower in early Asian trade. The precious metal's bullish momentum has stalled, as markets come to terms with a more gradual pace of the Fed's rate-cut cycle in 2025, OCBC said.
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